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Project Management Question Bank
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Question:

All of the following are factors in the assessment of project risk EXCEPT:
  1. Risk event
  2. Risk probability
  3. Amount at stake
  4. Insurance premiums.






Q2. A critical project rollout was delayed because one of the stakeholders did not receive necessary communication on time. On further analysis, the project manager discovered that the communication was sent to the wrong teams. This could have happened because:

  1. Communication broke down between the project team and the stakeholder.
  2. The project manager failed to manage stakeholder expectations.
  3. The stakeholder communications requirements were not properly analyzed during the Plan Communications Management process.
  4. The stakeholder did not proactively ask for updates.
Correct Answer

Q3. Lesley is managing a software development project for the World Climate Control Organization. Since her team members are dispersed across the globe, she would like to set up online conferences in the next two months to let everyone in her project know what is going on and what their roles are within the project. She wants to use these conferences as team development activities to learn and exchange information in the project. To schedule such activities, which of the following should she use to keep track of the availability of team members?

  1. Project charter
  2. Resource calendars
  3. Responsibility assignment matrix
  4. Project staff assignments
Correct Answer

Q4. Which of the following is true of the Estimate Activity Durations process?

  1. Estimates should always indicate the range of possible results
  2. Estimates should be made by resource managers in order to increase the accuracy of the estimates.
  3. Historical information is too old to use in estimating
  4. Critical paths should be taken into account when an activity is first estimated.
Correct Answer

Q5. Using the chart, the person completing activity G tells you that a few unidentified risks have occurred and the duration of the activity will now be 10 months. What is the effect on the project?

  1. The critical path changes
  2. There are two critical paths
  3. There is no effect on the critical path
  4. There is less chance of completing the project on time.
Correct Answer

Q6. After one year of construction, an office building is scheduled for completion on 30 January. The landscaping work needs to start 15 days prior to the building’s completion. Which of the following relationships most likely represents the relationship of the start of landscaping work to the completion of the office building?

  1. Finish-to-start with a 15-day lead
  2. Start-to-finish with a 15-day lead
  3. Finish-to-start with a 15-day lag
  4. Start-to-finish with a 15-day lag
Correct Answer

Q7. Which of the following is a benefit of an analogous project estimate?

  1. The estimate will be closer to what the work will actually require
  2. It is based on a detailed understanding of what the work requires
  3. It gives the project team an understanding of management’s expectations
  4. It helps the project manager determine if the project will meet the schedule.
Correct Answer

Q8. Company A is developing a project similar to one it delivered nearly 12 months earlier. What is the MOST likely approach to defining project activities?

  1. Review organizational process assets
  2. Add similar, if not the same, skill sets to the project team
  3. Gather the team for a brainstorming session
  4. Hire a third party expert to avoid mistakes that were encountered during previous projects.
Correct Answer

Q9. You are working on a new oil purification project in a foreign country. A person informs you that you will have to pay him a “transfer fee” for the permit to move heavy equipment through the city. What is the FIRST thing you should do?

  1. Pay the fee, but only to the city
  2. Do not pay the fee
  3. Make sure the person is really a government official
  4. Negotiate openly with the city officials.
Correct Answer

Q10. Which of the following represents the value of work we have actually completed?

  1. Earned value
  2. Planned value
  3. Actual cost
  4. Estimate to complete 23
Correct Answer










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